The government has started the process of developing a comprehensive policy to regulate and protect jobs for Ghanaians in the upstream petroleum sector.
The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, declared yesterday, that the Petroleum Industry Act 2021 established a clear distinction between upstream and midstream operations in the oil and gas sector in the country.
The African Energy Chamber (AEC), the voice of the African energy sector, is proud to announce that Emmanuelle Garinet, Vice President for Exploration Africa at global energy major TotalEnergies, will speak at the African Energy Week (AEW) (https://AECWeek.com/) 2023 conference and exhibition, Africa’s premier energy event, taking place from October 16-20 in Cape Town. During […]
Oil prices recorded big declines on Thursday, with WTI and Brent crude down 3% on the intraday session as debt ceiling jitters overcame optimism about another round of OPEC+ production cuts.
With its economic indicators showing clear signs of recovery, and the current Parti Démocratique Gabonais (PDG) set to retain power after this year’s elections, Gabon’s economic plans are moving ahead at full speed.
Germans are criticizing a government plan to ban oil and gas boilers and replace them with heat pumps, arguing it is happening too fast and is going to cost a lot of money.
Extractive industries in Colombia, primarily oil, coal and gold mining, are heavily impacting the strife-torn country’s environment.
Following years of anticipation, Oslo-listed E&P company BW Energy drilled the first of several wells last Monday that will constitute Phase 1 of its Hibiscus/Ruche development at its offshore Dussafu asset in Gabon.
Between 2014 and last year, upstream petroleum industry capital expenditure (CAPEX) dipped to $6 billion from $27 billion. Chief Executive Officer, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, in an interview with The Nation, said there had been a 74 per cent decline in CAPEX. The commission, he said, realised the negative impact of underinvestment […]
TotalEnergies has agreed to acquire the United Arab Emirates upstream assets of Compañía Española de Petróleos, S.A.U. (CEPSA).